It’s a known fact that car insurance companies want to keep your business as long as possible. Insureds who shop around annually are highly likely to switch insurance companies because there are good odds of finding a more affordable policy. A recent insurance study discovered that consumers who regularly shopped around saved $865 a year as compared to drivers who never shopped around for better prices.
If finding budget-friendly Acura MDX insurance is the reason you’re reading this, then having a grasp of how to compare insurance can help simplify the task of finding more affordable coverage.
The best way to get more affordable Acura MDX insurance in Nashville is to regularly compare price quotes from providers in Tennessee.
- Try to learn about how your policy works and the factors you can control to keep rates down. Many things that drive up the price such as getting speeding tickets and a bad credit rating can be eliminated by making small lifestyle or driving habit changes.
- Quote rates from direct, independent, and exclusive agents. Direct and exclusive agents can provide rates from a single company like GEICO and State Farm, while independent agents can provide prices for many different companies. Begin your rate comparison
- Compare the new rates to the premium of your current policy to determine if you can save on MDX insurance. If you find better rates and switch companies, make sure there is no lapse in coverage.
The most important part of shopping around is to try to compare the same coverage limits and deductibles on each quote request and to quote with as many companies as you can. Doing this helps ensure an accurate price comparison and a thorough price selection.
If you have car insurance now, you will most likely be able to get lower rates using these methods. Comparing rates for cheaper car insurance in Nashville is not as hard as you may think. Nevertheless, Tennessee car owners must understand how big insurance companies determine premium rates and apply this information to your search.
When price shopping your coverage, having more price comparisons gives you a better chance of getting a lower rate. Some regional insurers cannot provide price estimates online, so it’s necessary to compare quotes from them, too.
The companies shown below have been selected to offer price quotes in Tennessee. To find cheap car insurance in Tennessee, we recommend you visit two to three different companies to get the best price comparison.
Don’t overlook these six Acura MDX insurance discounts
Companies offering auto insurance don’t necessarily list every available discount in an easy-to-find place, so the next list breaks down both well-publicized in addition to some of the lesser obvious credits available to you.
- Driving Data Discount – People who choose to allow driving data collection to study where and when they drive by using a small device installed in their vehicle like Drivewise from Allstate or In-Drive from State Farm may see discounts if they have good driving habits.
- Sign Online – Certain insurance companies give back up to $50 get Nashville auto insurance on their website.
- Nashville Homeowners Discount – Owning a home in Nashville may earn you a small savings because it is proof that your finances are in order.
- Membership in Organizations – Participating in a professional or civic organization is a simple method to lower premiums on your next renewal.
- Low Mileage Discounts – Low mileage vehicles may allow you to get lower rates on the low mileage vehicles.
- Senior Citizens – If you qualify as a senior citizen, you are able to get better insurance rates.
It’s important to understand that most discounts do not apply to all coverage premiums. Most only apply to the price of certain insurance coverages like liability, collision or medical payments. Just because you may think adding up those discounts means a free policy, companies don’t profit that way.
The illustration below shows the difference between Acura MDX auto insurance rates with and without discounts. The price estimates are based on a male driver, no claims or driving citations, Tennessee state minimum liability limits, comp and collision included, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, homeowner, safe-driver, multi-car, multi-policy, and claim-free discounts applied.
To view companies who offer free Acura MDX insurance quotes in Nashville, click here to view.
Detailed insurance information
The premium table shown next outlines different insurance policy prices for Acura MDX models. Understanding how prices are calculated can help guide drivers when making smart choices when buying a policy.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|MDX with Tech Package 4WD||$244||$450||$278||$16||$82||$1,070||$89|
|MDX with Tech/Entertainment 4WD||$244||$450||$278||$16||$82||$1,070||$89|
|MDX Advance 4WD||$244||$450||$278||$16||$82||$1,070||$89|
|MDX Advance/Entertainment 4WD||$244||$450||$278||$16||$82||$1,070||$89|
|Get Your Own Custom Quote Go|
Table data assumes married male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Tennessee minimum liability limits. Discounts applied include safe-driver, multi-vehicle, homeowner, multi-policy, and claim-free. Table data does not factor in your specific Nashville location which can change premium rates greatly.
Drive responsibly or pay higher rates
The chart below shows how traffic citations and accident claims can influence Acura MDX car insurance costs for each different age group. The premiums assume a single female driver, comprehensive and collision coverage, $250 deductibles, and no discounts are applied.
Acura MDX full coverage rates compared to liability only
The information below illustrates the difference between Acura MDX car insurance rates with full physical damage coverage compared to only buying the minimum liability limits required in Tennessee. The information is based on no violations or claims, $500 deductibles, single marital status, and no discounts are applied to the premium.
When to switch to liability coverage only
There isn’t a written rule to eliminate physical damage coverage, but there is a broad guideline. If the yearly cost of full coverage is about 10% or more of the replacement cost minus the deductible, then you may need to consider dropping full coverage.
For example, let’s assume your Acura MDX book value is $7,000 and you have $1,000 physical damage deductibles. If your vehicle is destroyed, the most you would get paid by your company is $6,000 after the policy deductible has been paid. If you are paying in excess of $600 a year for full coverage, then it may be the right time to buy liability only.
There are a few cases where dropping physical damage coverage is not a good plan. If you still have a lienholder on your title, you have to maintain full coverage in order to prevent your loan from defaulting. Also, if you don’t have enough money to buy a different vehicle in case of an accident, you should not eliminate full coverage.
Can’t I compare rate quotes from local Nashville insurance agents?
Some people just want to buy from a licensed agent and that is just fine! The biggest benefit of comparing insurance prices online is you can get lower prices and still have an agent to talk to. And supporting small agencies is important especially in Nashville.
For easy comparison, once you complete this quick form, your information is sent to local insurance agents who will give competitive quotes for your insurance coverage. It simplifies rate comparisons since you won’t have to leave your computer as quotes are delivered directly to your email. You’ll get the best rates and work with a local agent. In the event you want to get a comparison quote from a specific company, feel free to go to their quote page to submit a rate quote request.
When searching for an insurance agent, it’s helpful to know the different types of agents and how they differ in how they quote coverages. Agencies in Nashville are considered either independent (non-exclusive) or exclusive.
Independent Car Insurance Agents (or Brokers)
Agents of this type can quote rates with many companies and that gives them the ability to insure with multiple insurance companies and find the cheapest car insurance rates. If your agent finds better pricing, the business is moved internally and you won’t have to switch agencies.
When comparison shopping, it’s a good idea to get some free quotes from a couple of independent agencies so that you can do a thorough price comparison. Most also have access to additional companies that you may not be familiar with which may have better rates.
Shown below is a small list of independent agents in Nashville who may be able to give you cheap rate quotes.
- Antioch Insurance
1311 Antioch Pike – Nashville, TN 37211 – (615) 834-7106 – View Map
- Nationwide Insurance: April Bowers Agency Inc
211 Donelson Pike #8 – Nashville, TN 37214 – (615) 883-8183 – View Map
- Tri-City Insurance Agency
4400 Nolensville Pike – Nashville, TN 37211 – (615) 331-0770 – View Map
Exclusive Insurance Agents
These agents can only quote rates from one company and some examples include State Farm or Allstate. Exclusive agents are unable to give you multiple price quotes so they have no alternatives for high prices. These agents receive extensive training on their products and sales techniques and that can be a competitive advantage. Many people buy from exclusive agents partially due to the brand name and strong financial ratings.
Shown below are Nashville exclusive insurance agents that are able to give price quote information.
- GEICO Insurance Agent
14981 Old Hickory Boulevard – Nashville, TN 37211 – (615) 376-2969 – View Map
- Mike Maclean – State Farm Insurance Agent
3922 Gallatin Pike – Nashville, TN 37216 – (615) 891-1241 – View Map
- Michael Davis – State Farm Insurance Agent
2817 West End Ave #209 – Nashville, TN 37203 – (615) 321-3388 – View Map
Finding a good car insurance agent shouldn’t rely on just a cheap price quote. Any agent in Nashville should have no problem answering these questions:
- Is the agent properly licensed in Tennessee?
- Can you get a list of referrals?
- Are they giving you every discount you deserve?
- Is the quote a firm price?
- Are claims handled at the agent’s location?
- Do they carry Errors and Omissions coverage?
When should I discuss my situation with an agent?
When choosing adequate coverage for your vehicles, there really is no one-size-fits-all type of policy. You are unique so this has to be addressed.
Here are some questions about coverages that may help highlight whether your personal situation would benefit from professional advice.
- What does medical payments coverage do?
- Am I covered if I crash into my own garage door?
- Is my teenager covered with friends in the car?
- Do I have coverage when using my vehicle for my home business?
- Is my state a no-fault state?
- How high should deductibles be on a Acura MDX?
If you’re not sure about those questions, you may need to chat with an agent. To find lower rates from a local agent, simply complete this short form or click here for a list of insurance companies in your area.
Having a good grasp of insurance aids in choosing appropriate coverage at the best deductibles and correct limits. Policy terminology can be difficult to understand and coverage can change by endorsement. Shown next are the usual coverages found on most insurance policies.
Liability car insurance – This coverage can cover damages or injuries you inflict on other’s property or people by causing an accident. It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see values of 25/50/15 which stand for $25,000 in coverage for each person’s injuries, a total of $50,000 of bodily injury coverage per accident, and a total limit of $15,000 for damage to vehicles and property. Alternatively, you may have a combined limit which limits claims to one amount and claims can be made without the split limit restrictions.
Liability can pay for things such as repair bills for other people’s vehicles, pain and suffering, repair costs for stationary objects, funeral expenses and emergency aid. How much coverage you buy is your choice, but buy as large an amount as possible. Tennessee state law requires minimum liability limits of 25/50/15 but you should think about purchasing more coverage.
The illustration below shows why buying the state minimum limits may not be enough coverage.
Insurance for medical payments – Personal Injury Protection (PIP) and medical payments coverage pay for short-term medical expenses like rehabilitation expenses, surgery and nursing services. They are utilized in addition to your health insurance program or if you do not have health coverage. Medical payments and PIP cover you and your occupants as well as if you are hit as a while walking down the street. Personal Injury Protection is not an option in every state but can be used in place of medical payments coverage
Collision coverage – This pays to fix your vehicle from damage resulting from colliding with another car or object. You first must pay a deductible then the remaining damage will be paid by your insurance company.
Collision insurance covers claims such as rolling your car, crashing into a ditch and sustaining damage from a pot hole. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are older. Drivers also have the option to raise the deductible on your MDX to bring the cost down.
Uninsured Motorist or Underinsured Motorist insurance – This coverage provides protection from other drivers when they either have no liability insurance or not enough. Covered losses include medical payments for you and your occupants as well as damage to your Acura MDX.
Due to the fact that many Tennessee drivers only carry the minimum required liability limits (Tennessee limits are 25/50/15), it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is important protection for you and your family. Frequently these limits are similar to your liability insurance amounts.
Comprehensive coverage (or Other than Collision) – Comprehensive insurance pays for damage OTHER than collision with another vehicle or object. You need to pay your deductible first and then insurance will cover the rest of the damage.
Comprehensive can pay for claims like a broken windshield, fire damage, falling objects and rock chips in glass. The highest amount you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.
Cheap coverage is out there
We covered many tips how you can find cheaper Acura MDX insurance in Nashville. The most important thing to understand is the more quotes you get, the higher your chance of finding inexpensive Nashville auto insurance quotes. You may even find the best price on insurance is with some of the smallest insurance companies. They may have significantly lower car insurance rates on certain market segments compared to the large companies like Progressive or GEICO.
Cost effective Acura MDX insurance can be bought from both online companies as well as from insurance agents, and you need to comparison shop both to have the best rate selection. Some insurance companies may not provide the ability to get a quote online and these small insurance companies prefer to sell through local independent agents.
When getting Nashville auto insurance quotes online, it’s not a good idea to skimp on coverage in order to save money. Too many times, someone sacrificed uninsured motorist or liability limits to discover at claim time they didn’t have enough coverage. The ultimate goal is to find the BEST coverage at the best cost.
More tips and info about insurance can be read in these articles:
- What is Covered by an Auto Insurance Policy? (Insurance Information Institute)
- Who Has Affordable Auto Insurance for Active Military in Nashville? (FAQ)
- Who Has Affordable Auto Insurance for a Subaru Outback in Nashville? (FAQ)
- Medical Payments Coverage (Liberty Mutual)
- Auto Crash Statistics (Insurance Information Institute)
- Vehicle Insurance in the U.S. (Wikipedia)
- Tread Depth and Tire Safety (State Farm)